Kasethi
ActiveSummary
Kasethi has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,903 and a net result of €110,913. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency94▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 3.13 against 2.91 in 2024; short-term debt: 30.2% and cash: 16.3% of total assets), and 31.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.9%
Return on assets
34.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
122 d early
2024
114 d early
2023
174 d early
2022
143 d early
2021
48 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 120 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 March (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€221,903▲ 14.2%
2024 · €194,390
Total assets
€322,255▲ 12.9%
2024 · €285,488
Net result
€110,913▲ 6.8%
2024 · €103,815
Working capital
€207,656▲ 21.6%
2024 · €170,732
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€2,738-€146,830€201,944▲ 37.5%€137,169▼ 32.1%€151,823▲ 10.7%
Net result-€2,738below the sector's middle half-€111,473above the sector's middle half€150,840above the sector's middle half▲ 35.3%€103,815above the sector's middle half▼ 31.2%€110,913above the sector's middle half▲ 6.8%
Equity€262below the sector's middle half-€111,735within the sector's middle half▲ 42,563%€220,575within the sector's middle half▲ 97.4%€194,390within the sector's middle half▼ 11.9%€221,903within the sector's middle half▲ 14.2%
Total assets€6,262below the sector's middle half-€126,470within the sector's middle half▲ 1,920%€250,374within the sector's middle half▲ 98.0%€285,488within the sector's middle half▲ 14.0%€322,255within the sector's middle half▲ 12.9%
Debt€6,000-€14,735▲ 146%€29,799▲ 102%€91,097▲ 206%€100,352▲ 10.2%
Working capital-€900below the sector's middle half-€106,058within the sector's middle half€212,576above the sector's middle half▲ 100%€170,732above the sector's middle half▼ 19.7%€207,656above the sector's middle half▲ 21.6%
Solvency4.2%below the sector's middle half-88.3%above the sector's middle half▲ 84.2pp88.1%above the sector's middle half▼ 0.3pp68.1%within the sector's middle half▼ 20.0pp68.9%within the sector's middle half▲ 0.8pp
Current ratio0.85below the sector's middle half-8.40above the sector's middle half▲ 7.558.22above the sector's middle half▼ 0.182.91within the sector's middle half▼ 5.303.13within the sector's middle half▲ 0.22
Return on assets (ROA)-43.7%below the sector's middle half-88.1%above the sector's middle half▲ 131.9pp60.2%above the sector's middle half▼ 27.9pp36.4%above the sector's middle half▼ 23.9pp34.4%above the sector's middle half▼ 1.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322,255
Fixed assets
€17,164 ▼ 32.7%
Current assets
€305,091 ▲ 17.4%
Equity and liabilities €322,255
Equity
€221,903 ▲ 14.2%
Debt
€100,352 ▲ 10.2%
Debt's share of the balance-sheet total falls from 31.9% to 31.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160,173▲
2024 · €140,819
Cash flow
€119,264▲
2024 · €107,466
Debt to equity
0.45▼
2024 · 0.47
ROE
50.0%▼
2024 · 53.4%
Interest coverage
54.11▲
2024 · 45.02
Debt ≤ 1 year
€97,435▲
2024 · €89,241
Income taxes
€39,814▲
2024 · €33,853
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13 | €790 | €1,293 | €3,651 | €8,350 | ▲ 129% |
| Other operating charges640/8 | - | €267 | €737 | €1,897 | €1,076 | ▼ 43.3% |
| Gross operating margin9900 | -€2,725 | €147,886 | €203,975 | €142,717 | €161,249 | ▲ 13.0% |
| Operating profit (loss)9901 | -€2,738 | €146,830 | €201,944 | €137,169 | €151,823 | ▲ 10.7% |
| Financial income75/76B | - | €150 | €279 | €3,628 | €1,865 | ▼ 48.6% |
| Recurring financial income75 | - | €150 | €279 | €3,628 | €1,865 | ▼ 48.6% |
| Financial charges65/66B | - | €2,145 | €2,065 | €3,128 | €2,960 | ▼ 5.4% |
| Recurring financial charges65 | - | €2,145 | €2,065 | €3,128 | €2,960 | ▼ 5.4% |
| Profit (loss) for the period before taxes9903 | -€2,738 | €144,834 | €200,158 | €137,668 | €150,728 | ▲ 9.5% |
| Income taxes67/77 | - | €33,361 | €49,318 | €33,853 | €39,814 | ▲ 17.6% |
| Profit (loss) for the period9904 | -€2,738 | €111,473 | €150,840 | €103,815 | €110,913 | ▲ 6.8% |
| Profit (loss) for the period to be appropriated9905 | -€2,738 | €111,473 | €150,840 | €103,815 | €110,913 | ▲ 6.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,262 | €126,470 | €250,374 | €285,488 | €322,255 | ▲ 12.9% |
| Fixed assets21/28 | €1,162 | €6,077 | €8,343 | €25,514 | €17,164 | ▼ 32.7% |
| Tangible fixed assets22/27 | €1,162 | €6,077 | €8,343 | €25,514 | €17,164 | ▼ 32.7% |
| Plant, machinery and equipment23 | - | €833 | €1,055 | €551 | €298 | ▼ 46.0% |
| Furniture and vehicles24 | - | - | €1,043 | €19,665 | €12,516 | ▼ 36.4% |
| Other tangible fixed assets26 | €1,162 | €5,244 | €6,246 | €5,298 | €4,351 | ▼ 17.9% |
| Current assets29/58 | €5,100 | €120,393 | €242,030 | €259,973 | €305,091 | ▲ 17.4% |
| Amounts receivable within one year40/41 | €521 | €30,774 | €80,661 | €31,657 | €26,398 | ▼ 16.6% |
| Trade receivables40 | - | €24,784 | €80,661 | €24,589 | €21,756 | ▼ 11.5% |
| Other amounts receivable41 | €521 | €5,989 | €0 | €7,068 | €4,642 | ▼ 34.3% |
| Current investments50/53 | - | €5,000 | €48,000 | €170,000 | €219,999 | ▲ 29.4% |
| Cash at bank and in hand54/58 | €3,109 | €82,685 | €106,034 | €52,493 | €52,454 | ▼ 0.1% |
| Deferred charges and accrued income490/1 | €1,470 | €1,934 | €7,336 | €5,824 | €6,240 | ▲ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,262 | €126,470 | €250,374 | €285,488 | €322,255 | ▲ 12.9% |
| Equity10/15 | €262 | €111,735 | €220,575 | €194,390 | €221,903 | ▲ 14.2% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | - | €108,735 | €217,575 | €191,390 | €218,903 | ▲ 14.4% |
| Distributable reserves133 | - | €108,735 | €217,575 | €191,390 | €218,903 | ▲ 14.4% |
| Profit (loss) carried forward14 | -€2,738 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €6,000 | €14,735 | €29,799 | €91,097 | €100,352 | ▲ 10.2% |
| Amounts payable within one year42/48 | €6,000 | €14,335 | €29,454 | €89,241 | €97,435 | ▲ 9.2% |
| Trade debts44 | - | €1,833 | €7,447 | €21,536 | €2,935 | ▼ 86.4% |
| Suppliers440/4 | - | €1,833 | €7,447 | €21,536 | €2,935 | ▼ 86.4% |
| Taxes, remuneration and social security45 | - | €12,502 | €20,882 | €1,564 | €0 | ▼ 100% |
| Taxes450/3 | - | €12,502 | €20,882 | €1,564 | €0 | ▼ 100% |
| Other amounts payable47/48 | €6,000 | €0 | €1,126 | €66,142 | €94,501 | ▲ 42.9% |
| Accrued charges and deferred income492/3 | - | €400 | €345 | €1,856 | €2,916 | ▲ 57.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,738 | €111,473 | €150,840 | €103,815 | €110,913 | ▲ 6.8% |
| + Depreciation and write-downs630 | €13 | €790 | €1,293 | €3,651 | €8,350 | ▲ 129% |
| Operating cash flow (approximation) | -€2,725 | €112,263 | €152,133 | €107,466 | €119,264 | ▲ 11.0% |
| Investment in fixed assets (approximation) | - | -€5,705 | -€3,560 | -€20,822 | €0 | ▲ 100% |
| Change in cash | - | €79,576 | €23,349 | -€53,541 | -€39 | ▲ 99.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200,000Eq €221,903 ▲14.2%
4 profitable years in a row build equity to €221,903.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €150,840 ▲35.3%
Operating result €201,944, net result €150,840, both a record.
31-12
Financial
Equity above €200,000Eq €220,575 ▲97.4%
2 profitable years in a row build equity to €220,575.
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €111,473
Net result €111,473 after one loss-making year.
31-12
Financial
Liquidity times 10current ratio 8.40
Current ratio from 0.85 to 8.40.
31-12
Financial
Equity above €100,000Eq €111,735 ▲42,563%
Equity rises from €262 to €111,735.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nijlen · 1 establishment unit since 2021
Ground area
883 m²
Building footprint
220 m²
Volume, LiDAR
936 m³
Parcel 12026B0325/00X000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kasethi
since 20212.323.257.589
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026B0325/00X000 | Flanders | 883 m² | 1 · 220 m² | 6.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 2,215 EUR awarded · 2,215 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 345 EUR | 345 EUR |
| 2024 | 1 | 1,042 EUR | 1,042 EUR |
| 2023 | 1 | 828 EUR | 828 EUR |
Similar companies · same sector, comparable size
MMTM
BE 0862.278.332
Gent · Eq €221,917
RONAX
BE 0795.187.192
Wetteren · Eq €221,920
YPSM Consulting
BE 0589.956.473
Linkebeek · Eq €221,940
Ad-Hoc
BE 0899.018.764
Soignies · Eq €221,855
FINSANA
BE 0809.347.610
Heist-op-den-Berg · Eq €221,962
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 39,443 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775879343
Also
9925:BE0775879343
Registered
30-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.